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Rebecca Jarvis SM 633 Transcript EPISODE 633 [INTRODUCTION] [0:00:35.3] FT: Welcome to So Money everyone. I’m your host, Farnosh Torabi. Happy Monday. Excited to announce that this week we are doing a podcast crossover with No Limits, with Rebecca Jarvis. Have you heard of this amazing new podcast? You should subscribe. Rebecca Jarvis is a friend. She's also the senior business economics and technology correspondent for ABC News and on this podcast, the No Limits Podcast, she interviews female visionaries and entrepreneurs from cosmetics queen; Bobby Brown, to the Grammy award- winning musician; Jewel, and they talk all about their hard-earned lessons, their climb to success, their challenges with wealth. On today show, Rebecca stops by to talk about her favorite interviews so far. We also discussed intrapreneurship and her predictions about the economy, the markets as somebody who covers all of these stuff very closely. I was very curious to hear her take. Tomorrow you can head over to her podcast, No Limits, and hear her interview with me. I have to say on that podcast she asked questions that were a bit difficult to answer and I think I ended up revealing a lot. In fact, when it was over, I went back and begged the producer to edit parts of it and I don't think they did. There you go. That's not a teaser for you to run over to No Limits and hear what I had to say about love and marriage. I go there. Don't miss her show. First, here is the lovely and smart, Rebecca, on So Money. [INTERVIEW] FT: Rebecca, welcome back to So Money. It's been like two and a half years. It's been a while. [0:02:14.5] © 2017 Farnoosh, Inc. "1 SM 633 Transcript RJ: You’re like a rocket ship to the moon, Farnoosh. It’s great to be with you. [0:02:18.9] FT: Hey, I’m just following on your coattails. I’m not doing anything different than you. You are out there killing it. Listeners, for those of you who are catching up, Rebecca Jarvis is the senior business technology and economics correspondent for ABC News, which means your all over that network; mornings, afternoons, evenings, weekend. Is there any timeslot you're not in? Also you’ve got the podcast, No Limits, which I want to talk about. I really see you as being as so enterprising and entrepreneurial within your role at a network. That’s you. That’s no one telling you to do that. [0:02:57.6] RJ: Thank you, Farnoosh. I learned a new word the other day, intrapreneur. It's when you're an entrepreneur inside of a company, and that's how — I feel like that's sort of what I'm trying to do. Because of what ABC News lets me do, I’m able to create a lot of cool stuff and No Limits is one of those things, and I look at you and all the things that you’ve built, and you have been a role model to me, a good friend to me over the years and then I really look up to you and I genuinely love what you created with So Money. So congratulations to you for all your success. [0:03:31.9] FT: Thank you. You helped launch my podcast, graciously coming on as one of the first guests. Listeners, go back and listen to I think it was like episode — It was one of the first 10 episodes, for sure, and we talk all about your childhood, growing up, your money lessons, your financial habits, your lessons learned. This time, coming back now, two plus years later, I want to talk about what's new and what's on your play. One of those big things is your podcast, No Limits, with Rebecca Jarvis, which I had the opportunity of being on. In fact, we’re airing our episodes simultaneously. Make sure to go to No © 2017 Farnoosh, Inc. "2 SM 633 Transcript Limits on iTunes with RJ and download it, subscribe and listen to us talk in case you haven’t gotten enough of us already. Tell me how you got the inspiration other than of course being on my podcast, but certainly there must have been more motivation. [0:04:31.8] RJ: Yeah. It is a total rip-off of So Money at the end of the day. I love these conversations. I love that you and I can have this conversation here on So Money. I love the conversations that I'm able to have with women on No Limits. We’re focusing on bold, influential women playing at the top of their game, looking at the trade-offs and how they got there. For me, because I had been covering business and tech news for so many years and interviewing so many CEOs and founders and people who are working really hard to build empires and make a difference, I got to this point where I started to feel like I'm having these really cool conversations with people, but in the world of TV, you get to hear 30 seconds worth of them. I wanted to let that breathe a little bit and I wanted especially to focus on women and give women a platforms to talk more about the things that they're doing, because I also recognize that so many of the interviews that I was doing with were with incredible people, including leaving men and women, but I really thought there needs to be more of a home where women who are doing exceptional things could talk about their roadmap, can talk about the things that they've experienced in their career. I wanted to create a home for that and I hope that’s what we’re doing. I know like you, Farnoosh, like the conversations are as fulfilling to me as I hope that they’ll be fulfilling to our listeners, but even if no one was listening, I would still hope to be having the kind of conversations that we have. [0:06:09.2] FT: That’s a thing, right? These are really intimate conversations that you don't normally get to have on a huge platform like a podcast that’s airing through ABC News and on iTunes and yet you get these women who live very public lives in the sense that they are out there in the headlines, running companies, but they share some really intimate things with you. Tell us some © 2017 Farnoosh, Inc. "3 SM 633 Transcript sort of like — What were some of the most incredible stories that you almost couldn't believe you were hearing? You've interviewed everyone, from Jewel, to Robin Roberts and everyone in between. Tell us something that you thought was just mind blowing. [0:06:48.6] RJ: With Jewel, she told me that she passed up a multimillion-dollar contract when she was homeless. At one point, she had run away from home, she grew up in Alaska. She had a troubled home life and she ran away to perform in coffee shops and a music agent came in and offered for all of these money and she turned it down because of the fear of basically what it would do to her. How it would change her as a human being. That's a great story. Robin Roberts had an incredible story of how she came up, wanted to be a pro athlete, loved tennis. Ended up at ESPN and was given this incredible opportunity to come to Good Morning America and talked about all of the lessons that she learned with her family. I think another standout interview was with a woman named Kathy Giusti, who at 36 years old was diagnosed with a very rare form of cancer called multiple myeloma. She was given just three years to live, had just given birth to a daughter and she basically refused to take all of the negativity and the things that she was being told and she put everything into action. Her background, she actually hadn’t gone to medical school even though it was something she thought about doing, but she was in drug sales at the time and very successful in her business career and she said, “I need to come up with a solution. I need to come up with a solution that’s not just for me, but for all of the other people out there.” She literally set to work and build a foundation called the Multiple Myeloma Research Foundation. Now, years and years later, 20 plus years later, she is alive and well. She's thriving. She had a second child along the way. She created this foundation and now is working with Harvard to also help build out solutions not just for multiple myeloma, but all different forms of cancer. You really start to see how the impetus for building something might be different, obviously along the way. With her, it's really that carpe diem message and it's staring you in the face, and she said that to me, and I'm paraphrasing here, but basically if you wake up every morning and you have a desire and something that you desperately want to pursue, to build, today is the day. That, © 2017 Farnoosh, Inc. "4 SM 633 Transcript basically, because she stared death down, she recognized how short life is and for her was such an important message in doing the things that you desperately want to do, building the things that you desperately want to build.
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